Additional Coverage:
- The 10 Worst Banks in America (blog.cheapism.com)
Banking on a Good Experience? Customer Reviews Reveal Top 10 Worst & Best Banks
Choosing a bank can be tricky. Unless you’re sitting on a pile of cash at home, most of us need a financial institution.
But how do you know which one is right for you? A recent report compiled data from customer reviews to rank the best and worst banks in the US.
The 10 Worst Banks in America (According to Customer Reviews):
- Webster Bank: 55.9% negative keywords in reviews.
- TD Bank: 53.1% negative keywords in reviews.
- Synchrony Bank: 52.3% negative keywords in reviews.
- Ally Bank: 50.9% negative keywords in reviews.
- Truist Bank: 50.5% negative keywords in reviews.
- HSBC Bank USA: 49.0% negative keywords in reviews.
- Discover: 45.2% negative keywords in reviews.
- Citibank: 43.9% negative keywords in reviews.
- KeyBank: 42.5% negative keywords in reviews.
- Huntington Bank: 42.5% negative keywords in reviews.
What About the Big Guys? Customer Reviews of the Top 10 US Banks by Assets:
The report also examined customer sentiment towards the nation’s largest banks (by assets). Surprisingly, most of these institutions received more negative reviews than positive ones.
Here’s a summary of the findings:
- JPMorgan Chase: Assets: $3,643,099 million; Positive Reviews: 38.1%; Negative Reviews: 32.1%
- Bank of America: Assets: $2,615,296 million; Positive Reviews: 29.1%; Negative Reviews: 43.9%
- Citibank: Assets: $1,760,921 million; Positive Reviews: 29.1%; Negative Reviews: 43.9%
- Wells Fargo: Assets: $1,711,028 million; Positive Reviews: 30.7%; Negative Reviews: 41.1%
- **U.S.
Bank:** Assets: $566,144 million; Positive Reviews: 41.9%; Negative Reviews: 40.6%
6.
PNC Bank: Assets: $549,324 million; Positive Reviews: 43.2%; Negative Reviews: 36.0%
7.
Truist Bank: Assets: $527,488 million; Positive Reviews: 28.8%; Negative Reviews: 50.5%
8.
Capital One: Assets: $490,573 million; Positive Reviews: 37.8%; Negative Reviews: 40%
9.
State Street: Assets: $368,219 million; Positive Reviews: 56.7%; Negative Reviews: 23.1%
10.
TD Bank: Assets: $366,507 million; Positive Reviews: 29.0%; Negative Reviews: 53.1%
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- The 10 Worst Banks in America (blog.cheapism.com)